NOT LISTED FOR SALE

1023 Spectrum Farms Rd Felton, DE 19943

Estimated Value: $270,295 - $333,000

3 Beds
1 Bath
1,196 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $183,000 $153 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,655/month

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • 1 Car Detached Garage
  • Lake Forest North Elementary School Rated 9+
  • No HOA
  • Eat-In Kitchen

About This Home

As of May 2019

This charming 3 bedroom, 1 bathroom rancher has recently undergone a modest renovation and is waiting for you to add those final personal touches to make it feel like home! Beautiful hardwood flooring flows throughout a spacious living area and into two of the bedrooms. The home also boasts an updated bathroom that exudes contemporary elegance as it features a tiled shower and modern vinyl flooring. The master bedroom leads out to a beautifully bright sun room and further out to a spacious backyard complete with a 1-car detached garage. Don't miss the opportunity to own a home that offers quality and affordability - schedule your private showing today!

Last Agent to Sell the Property

Dustin Parker

(302) 483-7688 clientcare@theparkergroup.com The Parker Group License #672690 Listed on: 04/11/2019

Last Buyer's Agent

Terri Mestro

(302) 465-0453 terri422@aol.com Iron Valley Real Estate Premier License #RS-0019089

Iron Valley Real Estate Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $485

Year Built

  • Built in 1958

Lot Details

  • 0.68 Acre Lot
  • Property is zoned AR

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Aluminum Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heat Pump System
  • Well
  • Water Conditioner is Owned
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1700-000
  • Assessor Parcel Number SM-00-13500-01-1700-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$485

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: cabinet in laundry room; washer and dry
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1958
  • Remarks Public: This charming 3 bedroom, 1 bathroom rancher has recently undergone a modest renovation and is waiting for you to add those final personal touches to make it feel like home! Beautiful hardwood flooring flows throughout a spacious living area and into two of the bedrooms. The home also boasts an updated bathroom that exudes contemporary elegance as it features a tiled shower and modern vinyl flooring. The master bedroom leads out to a beautifully bright sun room and further out to a spacious backyard complete with a 1-car detached garage. Don't miss the opportunity to own a home that offers quality and affordability - schedule your private showing today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Range Hood, Refrigerator, Microwave, Water Conditioner - Owned
  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1196
  • Living Area Sq Ft: 1196
  • Price Per Sq Ft: 154.60
  • Above Grade Finished Sq Ft: 1196
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1023

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LAKE FOREST
  • School District Key: 300200396886
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.68
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29620.80
  • Year Assessed: 2018
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2477609
  • School Tax: 406.00
  • Tax Annual Amount: 485.00
  • Assessor Parcel Number: SM-00-13500-01-1700-000
  • Tax Lot: 1700-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/24/2019

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 23, 2019
Sold by
Saathoff Patricia A and Walinski Patricia A
Bought by
Edwards Aubrey L
Seller's Agent
Dustin Parker
The Parker Group
Buyer's Agent
Terri Mestro
Iron Valley Real Estate Premier
List Price
$184,900
Sold Price
$183,000
Premium/Discount to List
-$1,900
-1.03%
Current Estimated Value
$296,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,824
Avg. Annual Appreciation
7.84%
Original Mortgage
$184,848
Outstanding Balance
$162,189
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$134,635

Purchase Details

Closed on
Oct 11, 2017
Sold by
Collins Bruce and Collins Barbara
Bought by
Saathoff Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 3, 2017
Closed on
May 31, 2017
Sold by
Foster Martin and Foster Tara Lynn
Bought by
Collins Bruce and Collins Barbara
Seller's Agent
Andrew Bryan
Bryan Realty Group
Buyer's Agent
MARCIA ROSTIEN
Woodburn Realty
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%

Purchase Details

Closed on
Oct 22, 2008
Sold by
Hutson Robert E and Hutson Shirley C
Bought by
Foster Martin
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Edwards Aubrey L $183,000 None Available
Saathoff Patricia A -- None Available
Collins Bruce $80,000 None Available
Foster Martin -- None Available
Foster Martin $279,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Aubrey L $184,848
Previous Owner Saathoff Patricia A $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2019 05/24/19 Sold $183,000 -1.0% $153 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $184,900 +131.1% $155 / Sq Ft
05/31/2017 05/31/17 Sold $80,000 -20.0% $67 / Sq Ft View Prior Sale
05/12/2017 05/12/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $100,000 -- $84 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,030 $280,100 $74,200 $205,900
2024 $1,030 $280,100 $74,200 $205,900
2023 $580 $23,600 $7,100 $16,500
2022 $521 $23,600 $7,100 $16,500
2021 $494 $23,600 $7,100 $16,500
2020 $514 $23,600 $7,100 $16,500
2019 $515 $23,600 $7,100 $16,500
2018 $506 $23,600 $7,100 $16,500
2017 $486 $22,600 $0 $0
2016 $445 $22,600 $0 $0
2015 $438 $22,600 $0 $0
2014 $431 $22,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dustin Parker

    Seller's Agent in 2019

    Dustin Parker

    The Parker Group

    (302) 483-7688

    10 in this area

    778 Total Sales

    Dustin Parker
    Section Image
  • Terri Mestro

    Buyer's Agent in 2019

    Terri Mestro

    Iron Valley Real Estate Premier

    (302) 465-0453

    3 in this area

    118 Total Sales

    Terri Mestro
    Section Image
  • Andrew Bryan

    Seller's Agent in 2017

    Andrew Bryan

    Bryan Realty Group

    (302) 242-4328

    6 in this area

    231 Total Sales

    Andrew Bryan
    Section Image

  • M

    Buyer's Agent in 2017

    MARCIA ROSTIEN

    Woodburn Realty

    1 in this area

    7 Total Sales

    MARCIA ROSTIEN
    Section Image
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Map

Source: Bright MLS

MLS Number: DEKT227876

Bright MLS

APN: 8-00-13500-01-1700-000

Delaware Kent County Felton 19943

1023 Spectrum Farms Rd, Felton, DE

This home is located at 1023 Spectrum Farms Rd, Felton, DE 19943 since 11 April 2019 and is currently estimated at $296,824, approximately $248 per square foot. This property was built in 1958. 1023 Spectrum Farms Rd is a home located in Kent County with nearby schools including Lake Forest North Elementary School, Lake Forest Central Elementary School, and W.T. Chipman Middle School.

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